Strategic Marketing Flashcards
1
Q
What is strategic marketing made up of?
A
- Shareholder Value
- Profit
- Cashflow: Level, risk, timing & Duration
2
Q
What are the different levels of cashflow?
A
Level, timing, duration & risk
3
Q
How is shareholder value created?
A
Shareholder value is created when the market value of a firm exceeds its book value
4
Q
What are the organisational value drives of shareholder value?
A
Skills Systems Leadership Core capabilities Motivation
5
Q
What are the marketing value drives of shareholder value?
A
Marketing knowledge Strong brands Customer loyalty Strategic relationships Market selection Differential advantage
6
Q
What are the financial drivers of shareholder value?
A
Sales growth
Operating margin
Investment
4 Drivers: Level, timing, duration and risk
7
Q
What is marketing?
A
Marketing is the management process that seeks to maximise returns to shareholders by developing relationships with valued customers and creating a competitive advantage